Suppose a company has fixed costs of $300 and variable cost per unit of 3/4x + 1460

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Suppose a company has fixed costs of $300 and variable cost per unit of 3/4x + 1460 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1500 - 1/4 x dollars per unit.

(a) Find the break-even points.

(b) Find the maximum revenue.

(d) What price will maximize the profit?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 04:44 AM

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Suppose a company has fixed costs of $300 and variable cost per unit of 3/4x + 1460

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a At breakeven points Cx Rx x 2 40x 300 0 x 30 x ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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